ICP rallies 6.78% as technicals signal bullish momentum
Internet Computer (ICP)
Editor:
Eugene Serbin
tradersunion.com reported that Internet Computer (ICP) is trading at $2.98, marking a 6.78% increase on the day. The asset is positioned above its key moving averages, with the move unfolding on elevated volatility. On the H1 timeframe, ICP trades above the MA-20 and MA-50, while remaining above the MA-200 on the daily chart.
The Ichimoku Kijun at $2.90 is acting as immediate support for the current price action. MACD indicates strong bullish momentum, with ADX signaling a clear buy setup. RSI is at 55.47 and CCI are both supportive of buying conditions.
Stoch RSI stands in oversold territory, suggesting the potential for a short-term bounce. Bull/Bear Power highlights strong buyer dominance intraday, though the Awesome Oscillator is neutral. Despite momentum skewing upward, the oversold status of Stoch RSI introduces a minor note of divergence.
How the market reacted
Whalio's own Binance spot order flow for ICP, measured when this story was written up on 21 September 2026. Not the outlet's figures.
Whalio data shows ICP trading at $2.90, with a 1-hour buy ratio of 46.7% and a 4-hour buy ratio of 47.0%. These short-term figures are lower than the 24-hour buy ratio of 53.2%, indicating that buying pressure is fading in the immediate term. The volume delta reflects this shift, showing net selling of -$45,043 over the last hour and -$116,068 over four hours. In contrast, the 24-hour volume delta is positive at +$591,405, suggesting that cumulative buying has outweighed selling over the full day. The CVD at the 24-hour close stands at +$319,543, confirming net accumulation over the longer period. Spot volume for the 24 hours reached $9,291,565 across 76,299 trades.
The latest daily buy ratio of 47.1% sits at the 17th percentile of the last 323 days, against a median of 49.2% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for ICP, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 49.2%, making the current 24-hour ratio of 53.2% an increase of 4.0 points. Volume compared to the weekly average was 1.55x, indicating significantly higher activity than usual. The coin saw net buying on 3 of the past 7 days, with a total volume delta of -$42,859 over the 8-day period. The price change over 8 days was +4.7%, aligning with the recent upward momentum. This represents an unusual day for the coin, characterized by volume 1.55 times the average.